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this is a tax in at del. i will call it the economy tax. >> commit romney, so often stiff and wooden seemed a different man. look at the gleam in his eyes as he talked directly to the opponent. the credit was measure but hardly fired up. they clashed on health care and why the president had not picked up a plan to cut the huge debt. >> the president should have grabbed it. he wanted to make adjustments to accommodate and go to congress. >> that is what we have done. we have made adjustments -- >> you have been president for years. you said you would cut the deficit in half. we still have trillion dollar deficit. less cbs as we will have a trillion dollar deficit in the next four years. >> president obama interrupted again -- think romney might win a and oscar but it was untethered from the truth. the president echoed the complaint. >> i met this very spirited fellow the claim to be a romney. how but it could not have been a robbery. because the real mitt romney has been a are a country for the last year promi
this is a tax in at del. i will call it the economy tax. >> commit romney, so often stiff and wooden seemed a different man. look at the gleam in his eyes as he talked directly to the opponent. the credit was measure but hardly fired up. they clashed on health care and why the president had not picked up a plan to cut the huge debt. >> the president should have grabbed it. he wanted to make adjustments to accommodate and go to congress. >> that is what we have done. we have...
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Oct 2, 2012
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the tax system should be chaiked to raise taxes on the top brackets. two-thirds of americans agree in almost every poll to those numbers so there is sentiment to change things. but there's not anger in any kind of rebellious sense of word. in fact there's not even the same kind of anger that promptedded the middle class to protest back in the '60s and '70s. >> suarez: there are tons of books covering this era that take a cut of it just as a political story or just as an economic story or even as a cultural story. the story you're trying to tell here needs to be all those things. i think you're saying you have to look at it all in an interlocking way to understand it. >> absolutely. such a good point you're making here. what we forgot was that middle class prosperity, economics, depended on middle class power. politics. and today this gross inequality that you see in income is accompanied by a starkly unequal democracy. symbolized by the super pacs, symbolized by the fact that business, lobbyists... business spends 65 times as much money on lobbyists as
the tax system should be chaiked to raise taxes on the top brackets. two-thirds of americans agree in almost every poll to those numbers so there is sentiment to change things. but there's not anger in any kind of rebellious sense of word. in fact there's not even the same kind of anger that promptedded the middle class to protest back in the '60s and '70s. >> suarez: there are tons of books covering this era that take a cut of it just as a political story or just as an economic story or...
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one is deficit reduction, one is tax cuts. if tax cuts get in the way, we'll do deficit reduction. gwen: there's another number. $716 million to deal with medicare but it's coming from different places and going to different places and therefore they find -- kind of ended up in a draw. >> for the president's health care plan, in order to fund it they assumed savings over 10 years of $716 billion for medicare. mitt romney called that a cut in medicare as if it was a cut in beneficiaries. it's meant to come from providers. however, what romney was saying is that if you take that much from providers, some of them are going to stop taking medicare parents. the trick for him is that paul ryan, his running mate, also assumed the same $716 billion. gwen: and i believe romney's answer to that was i'm the candidate. >> i'm the boss. we're going to put that money back into medicare. gwen: going into these debates we were all probably guilty of setting the expectations bar and it was pretty high for president obama. i think the polls before showed him like 51% thought he was going to win. 29%
one is deficit reduction, one is tax cuts. if tax cuts get in the way, we'll do deficit reduction. gwen: there's another number. $716 million to deal with medicare but it's coming from different places and going to different places and therefore they find -- kind of ended up in a draw. >> for the president's health care plan, in order to fund it they assumed savings over 10 years of $716 billion for medicare. mitt romney called that a cut in medicare as if it was a cut in beneficiaries....
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he cannot cut tax rates, cut taxes on the middle class, cut taxes on capital gains, and balance the budget all at once. >> reporter: romney advisers have said they would consider eliminating tax breaks on at least two forms of saving, life insurance and muni bonds. and the governor's supporters argue tax cuts generate enough growth to offset some of their cost. >> people can have reasonable disagreements about the magnitude of that growth effect, but to assume that it is zero, i think, is wrong. and once you relax that assumption, then, all of a sudden, other things start to be possible. >> reporter: but it's hard to be sure about the impact of tax cuts on the economy, which is why the experts in congress and the treasury who are responsible for estimating the cost of tax changes generally ignore the impact of tax reforms on the entire economy. darren gersh, nbr, washington. >> susie: here on wall street, traders and investors were taking a fresh look at stock sectors today, assessing what a romney or obama win would mean for the markets. also a lot of talk about minutes from the latest fe
he cannot cut tax rates, cut taxes on the middle class, cut taxes on capital gains, and balance the budget all at once. >> reporter: romney advisers have said they would consider eliminating tax breaks on at least two forms of saving, life insurance and muni bonds. and the governor's supporters argue tax cuts generate enough growth to offset some of their cost. >> people can have reasonable disagreements about the magnitude of that growth effect, but to assume that it is zero, i...
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a constitutional spending commitment on a temporary tax. that's kind of uncertain, as well. >> belva: we have so many hot issues, we have to move to one that is really hot, because it is burning the pocketbooks of the people of the state, and that's gas prices that seem to be gone a bit wild. >> to a record price in san francisco today, probably around the state by tomorrow. the average price in the bay area is $4.55. that is 16 cents more than yesterday. 37 cents more than a week ago and 70 cents higher than a year ago. so, it is a huge problem for the state of california. there are six primary factors that are contributing to this and they are very important. one is the chevron refinery that's 1 out of 8 gallons of fuel in the state of california. that's out of service for many months to come there was a major pipeline that chevron owns and operates that has been shut down since the middle of september, out of service, denies amount of crude oil, cutting down on supply. there was a fire in southern california at an exxon refinery, not a f
a constitutional spending commitment on a temporary tax. that's kind of uncertain, as well. >> belva: we have so many hot issues, we have to move to one that is really hot, because it is burning the pocketbooks of the people of the state, and that's gas prices that seem to be gone a bit wild. >> to a record price in san francisco today, probably around the state by tomorrow. the average price in the bay area is $4.55. that is 16 cents more than yesterday. 37 cents more than a week...
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federal income tax, federal payroll tax, state income tax, state sales tax, state property tax, gasoline tax tadd up to well over 50% of what they earned. and your plan is to take the tax rate on successful small businesses from 35% to 40%. the national federation of independent businesses has said that will cost 700,000 jobs. i don't want to cost jobs. my priority is jobs. and so what i do is i bring down the tax rates, lower deductions and exemptions, the same idea behind bowles-simpson, get the rate down, lower deductions and exemptions to create more jobs because there's nothing better getting us to a balanced budget than having more people working, earning more money, paying more taxes, that's by far the most effective and efficient way to get this budget balanced. >> jim you may want to move on to another topic but i would like to say this to the american people, if you believe we can cut taxes by $5 trillion and add $2 trillion in additional spending that the military is not asking for, $7 trillion, just to give you a sense over 10 years, that's more than our entire defense budget
federal income tax, federal payroll tax, state income tax, state sales tax, state property tax, gasoline tax tadd up to well over 50% of what they earned. and your plan is to take the tax rate on successful small businesses from 35% to 40%. the national federation of independent businesses has said that will cost 700,000 jobs. i don't want to cost jobs. my priority is jobs. and so what i do is i bring down the tax rates, lower deductions and exemptions, the same idea behind bowles-simpson, get...
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tax reform is hard. the tax code will be00 years old less year and we have had less than a handful of comprehensive reforms as a going-in proposition, it's hard to do. >> i have sympathy for what doug said as well. however here's the thing i watched the debate with a bunch of students out of notre dame university and there was a ton of head scratching going on. i want to quote some of the things the governor said. >> brown: it's a good school so there should be smart students. >> he said "i will not reduce the taxes paid by high income americans. i will not reduce the taxes paid by high income americans." now this is a guy who's going around saying i'm going to have a very large tax cut. >> brown: what does that mean, do you think there? >> what it means is that mitt romney makes a real distinction between cuts in tax rates and cuts in tax liability cuts in what you have to pay the i.r.s. what he's saying is to the wealthy folks we'll cut your rates but raise your deductions so your taxes will be the sam
tax reform is hard. the tax code will be00 years old less year and we have had less than a handful of comprehensive reforms as a going-in proposition, it's hard to do. >> i have sympathy for what doug said as well. however here's the thing i watched the debate with a bunch of students out of notre dame university and there was a ton of head scratching going on. i want to quote some of the things the governor said. >> brown: it's a good school so there should be smart students....
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and the atm and the tax taxes, reduce dividend and capital gains taxes. that's 6 trillion. what he's saying tonight is he's going to pay for it by closing loopholes or preferences but won't tell you which ones. maybe the chain can capitalize on that as john said earlier, but i think it does beg the question, why couldn't barack obama capitalize on that. >> rose: kathy, you wanted to say something. >> charlie i was wondering halfway through the debate whether the campaign had made a strategic decision, the likability advantage that the president has is so valuable to them that they didn't want to jeopardize that by him attacking mitt romney and coming across as unlikeable or less likeable, because you know it was astonishing that he didn't go after mitt romney. i was just talking to david -- in the room just a couple minutes ago, he made the case far more convincingly, far more aggressively and concisely for what president obama was trying to lay out the next four years than obama himself did up on the stage. i mean there was just time and again mitt romney managed to seize
and the atm and the tax taxes, reduce dividend and capital gains taxes. that's 6 trillion. what he's saying tonight is he's going to pay for it by closing loopholes or preferences but won't tell you which ones. maybe the chain can capitalize on that as john said earlier, but i think it does beg the question, why couldn't barack obama capitalize on that. >> rose: kathy, you wanted to say something. >> charlie i was wondering halfway through the debate whether the campaign had made a...
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>> such as reforming social security, medicare, higher taxes, lower taxes? >> yes. and on the table are all sorts of things that many people value a great deal and we may not be able to afford anymore. so should we have deductibility for second home mortgages? should we have deductibility for high-cost homes? should we have health insurance coverage provided by employers continue to be deductible? if so, for whom, should it be for all? and should we raise the age of entitlement, if so, to what level?" when someone says that about social programs, i want to also hear the answer to the question, "what are you doing with military spending? and how do you justify the tradeoff? we've gotta get the revenue someplace. where are you willing to cut? and if not, why not? when you're putting really valued things on the table. and simply saying that the wealthy are going to pay more doesn't solve the problem. the wealthy are going to need to pay more, but so is what most people define as the middle class, and there are going to be cuts across the board, including the military,
>> such as reforming social security, medicare, higher taxes, lower taxes? >> yes. and on the table are all sorts of things that many people value a great deal and we may not be able to afford anymore. so should we have deductibility for second home mortgages? should we have deductibility for high-cost homes? should we have health insurance coverage provided by employers continue to be deductible? if so, for whom, should it be for all? and should we raise the age of entitlement, if...
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and obviously a little more personals on taxes and promise the. >> yeah. you have been a team now for 25 years. >> right. >> the most successful team, i would say, since huntly brinkley whom you don't remember. i do. long-running team. very successful. what's next for you as journalists? >> i think that making that transition into english language and being able to reach all audiences and what i mean is not only hispanics that speak english but all audiences, to understand who we are. i think to elevate the position of latinos in this country and the role of latinos in this society is something that we sort of take on as a mission. >> to stay relevant it's very challenging right now to stay relevant when you have the internet, when you have social media. it's very difficult that your voice stays relevant and nothing gets lost among the noise. i think that's one of the most important things. and finally it has to do with trust. after 25 or 30 years if we say something and people trust what we say, that's the best a zblard maria and george, this has been a r
and obviously a little more personals on taxes and promise the. >> yeah. you have been a team now for 25 years. >> right. >> the most successful team, i would say, since huntly brinkley whom you don't remember. i do. long-running team. very successful. what's next for you as journalists? >> i think that making that transition into english language and being able to reach all audiences and what i mean is not only hispanics that speak english but all audiences, to...
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when we tax our job creators at much higher tax rates than foreign competitors, we lose and they win. we do not want to tax the small businesses. our jobs come from these successful small businesses. we want them to hire more people. that is essential. none of this is going to work, no business will be confident to take the risk to hire people, give the raises and job security, if they see the government borrowing and spending like it is. we cannot keep borrowing 36 cents of every dollar the government spends. we cannot keep the federal reserve doing what it is doing. we cannot keep looking our children in the eye knowing we're going to give them a diminished future because we are spending their money today. it is a simple idea. mitt romney and i are going to bring it to washington. we have to stop spending money we do not have. we must cut spending. we must get the balanced budget. we must get the debt under control. [applause] this not only hurts our economy with the threat of higher interest rates and much higher tax rates. ournow we're giving children and grandchildren a lower sta
when we tax our job creators at much higher tax rates than foreign competitors, we lose and they win. we do not want to tax the small businesses. our jobs come from these successful small businesses. we want them to hire more people. that is essential. none of this is going to work, no business will be confident to take the risk to hire people, give the raises and job security, if they see the government borrowing and spending like it is. we cannot keep borrowing 36 cents of every dollar the...
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how in lord's name can they justify raising their taxes with these tax cuts? look, folks, we've seen this movie before. massive tax cuts for the wealthy. eliminating restrictions on wall street. let the banks write their own rules. we know where it ends. it ends in a catastrophe of the middle class and the great recession of 2008. folks, we cannot go back to that. >> woodruff: the republican national committee and the romney campaign seized on biden's remark about the middle class. they called it a "stunning admission" that the president's policies have been bad for the economy and the middle class. but biden-- at his next stop, in asheville, north carolina-- said what has buried the middle class is the result of policies that romney and ryan are supporting. in clinton, iowa, vice presidential nominee paul ryan said a romney administration would help more americans find jobs. >> we have a jobs crisis in america. wouldn't it be nice to have a job creator in the white house? ( applause ) we can't afford four more years. we need a real recovery. take a look at ju
how in lord's name can they justify raising their taxes with these tax cuts? look, folks, we've seen this movie before. massive tax cuts for the wealthy. eliminating restrictions on wall street. let the banks write their own rules. we know where it ends. it ends in a catastrophe of the middle class and the great recession of 2008. folks, we cannot go back to that. >> woodruff: the republican national committee and the romney campaign seized on biden's remark about the middle class. they...
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wealthy huge new tax breaks? because, according to experts, he'd have to raise taxes on the middle class, or increase the deficit to pay for it. if we can't trust him here, how can we ever trust him here? >> brown: meanwhile, on the fox news channel last night, romney reversed course on his remark that 47% of americans don't pay taxes and, in his words, are dependent on government, so he couldn't worry about them and their votes. >> in this case, i said something that's just completely wrong. and i absolutely believe, however, that my life has shown that i care about the 100% and that has been demonstrated throughout my life. this whole campaign is about the 100%. when i become president, it'll be about helping the 100%. >> brown: still, president obama was having none of it. >> from the day we began this campaign, we've always said that real change takes time. it takes more than one year or one term, or even one president. it takes more thanne party. it certainly can't happen if you're willing to write off half
wealthy huge new tax breaks? because, according to experts, he'd have to raise taxes on the middle class, or increase the deficit to pay for it. if we can't trust him here, how can we ever trust him here? >> brown: meanwhile, on the fox news channel last night, romney reversed course on his remark that 47% of americans don't pay taxes and, in his words, are dependent on government, so he couldn't worry about them and their votes. >> in this case, i said something that's just...
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but not dictions sufficient to take the taxes up. we hope the middle class will have a tax reduction even with the elimination of deductions and putting a cap on deductions actually gives more credibility because you can give the middle class more deductions. the governor also said if you have more incomes, you pay lower caps, in other words $17,000. the idea that taxes on the well-to-do and the successful and those who are making a lot money will not go down. middle classing we hope they will stay where they are, or come down. coming down is a possibility. the important part of this tax plan, is to remember, when you earn, say you earn $200,000 and you have $20,000 worth of deductions, so now you paying tax on $180,000. if you paid tax at 35 percent rate, obviously the rate will be below $35 percent because you do not pay on full $200,000. governor romney is saying reduce that rate and every dollar you earn offer the amount that uses up the tax deductions, you will pay the lowest rate on. it will encourage people to earn more money,
but not dictions sufficient to take the taxes up. we hope the middle class will have a tax reduction even with the elimination of deductions and putting a cap on deductions actually gives more credibility because you can give the middle class more deductions. the governor also said if you have more incomes, you pay lower caps, in other words $17,000. the idea that taxes on the well-to-do and the successful and those who are making a lot money will not go down. middle classing we hope they will...
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because gasoline tax pays for the the roads. i believe that's probably the best principle overall to deal with the questions and post office. >> claire mccaskill if >> i'm going to try to quote todd akin exactly on this. he said, we can keep raising the prices, if they get too high, the private sector can take over. i disagree. it is in the constitution. we have had the finest and the most reliable and most comprehensive postal service in the world. they have cut billions in expenses over the last several years. they have shrunk their woforce. what they've been required to do is prefund their pensions and healthcare for 75 years. no one in the private sector is required to prefund their pensions and healthcare for 75 years. no one in the governmental sector except the post office is required to do that. it's got them into a cash flow problem. we have to uncuff them and allow them to be entrepreneurial when it comes to the growth area postal service. i will tell you, mr. miller, you know this and many in this audience know this,
because gasoline tax pays for the the roads. i believe that's probably the best principle overall to deal with the questions and post office. >> claire mccaskill if >> i'm going to try to quote todd akin exactly on this. he said, we can keep raising the prices, if they get too high, the private sector can take over. i disagree. it is in the constitution. we have had the finest and the most reliable and most comprehensive postal service in the world. they have cut billions in...
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these businesses grow. >> mitt romney's message is to get rid of the wind production tax credit. well, that's big here because we've got t.p.i. and trinity both producing wind turbines and wind towers, and that's a critical factor for us to keep those plants moving past 2013. >> reporter: o. kay henderson says these single issue voters add up quickly in such a small state. >> if iowa does again come down to a few thousand votes, these sort of narrow cast issues can have a huge effect. and so that is why you see the obama campaign pushing this so hard, because the wind energy industry has about 7,000 or 8,000 workers in iowa. >> reporter: then there is the fight in plain sight-- the >> romney would jeopardize thousands of jobs and knock the wind out of iowa's economy. >> a prairie fire of debt is sweeping across the nation. >> reporter: the negative ads are on >> reporter: the negative ads on almost every channel, every night. >> i mean, it's almost-- the ads border on being vulgar. >> reporter: steve bump has run a fireplace business in the des moines suburbs for 38 years, he kno
these businesses grow. >> mitt romney's message is to get rid of the wind production tax credit. well, that's big here because we've got t.p.i. and trinity both producing wind turbines and wind towers, and that's a critical factor for us to keep those plants moving past 2013. >> reporter: o. kay henderson says these single issue voters add up quickly in such a small state. >> if iowa does again come down to a few thousand votes, these sort of narrow cast issues can have a huge...
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mitt romney and common sense conservatives will cut taxes on the middle class. and they'll close loopholes for millionaires. obama and his liberal allies? we can't afford four more years. [ romney] i'm mitt romney and i approve this message. >> well, we are happy to say that the dog is making a recovery. >> the dog was stabbed after an incident. we went out to find out how she is doing. >> with her shaved skin you can still see the scars on this two- year-old. they were worried that she would not make it. it was stabbed seven times. it was following a domestic dispute. >> we were very concerned. >> several of the wounds were serious. michael is an officer with the washington humane society. he has been out there rescuing abused pets. >> i was surprised what happened. in this case, she recovered and is resting. >> walking around. >> how can you do that to that poor little thing? there are some sick people in the world. >> it was thought that the suspect has mental issues. the dog is loving life. >> there are others. you can find them on our website. >> you can le
mitt romney and common sense conservatives will cut taxes on the middle class. and they'll close loopholes for millionaires. obama and his liberal allies? we can't afford four more years. [ romney] i'm mitt romney and i approve this message. >> well, we are happy to say that the dog is making a recovery. >> the dog was stabbed after an incident. we went out to find out how she is doing. >> with her shaved skin you can still see the scars on this two- year-old. they were...
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we're going to do it by giving tax breaks to companies that bring tax breaks back to america, not companies that take factories out of america. we are going to continue to knock down those barriers that exist around the world saying no american goods here. we are going to level the playing field. and guess what, folks, as i go around the world -- i have traveled over 600,000 miles since i have been vice president -- people are looking to buy the best products. and those products have "made in america" stamped on them. if we knock it down, they will buy it. [cheers and applause] we are going to cut our oil imports in half by 2020, produce more american-made energy from oil, natural gas, clean coal, biofuel. ladies and gentlemen, a lot of people do not understand this. i love to hear them talk about their energy policy -- which is drill, baby, drill. let me tell you something. you all realize there are more gas and oil rigs pumping today than all the rest of the rigs in the entire rest of the world. do you know that? that's a fact. that's why we are importing less than we have in decades. tha
we're going to do it by giving tax breaks to companies that bring tax breaks back to america, not companies that take factories out of america. we are going to continue to knock down those barriers that exist around the world saying no american goods here. we are going to level the playing field. and guess what, folks, as i go around the world -- i have traveled over 600,000 miles since i have been vice president -- people are looking to buy the best products. and those products have "made...
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we are going to talk to him about a new proposed international tax. >> allen west talking about what went wrong wiin libya. evan bayh former senator from the great state of indiana is going to talk about a tax on all of it at a time when we needed it the least. that's starting in 12 minutes on the fox news channel. stay with us. >> medicare can stop housing. this is part of the president's healthcare law that is meant to improve quality of care. the average fine is 125,000 dollars. >> bonnie and clyde still robbing people. two of their guns selling for half a million dollars at auction. the colt 45 was found in his waist band and bonnie's 38 special was found apparently taped to her thigh. that's when the infamous outlaws were killed back in 1934. >> the battle of the bulge. you know the muffin top, some diets can be dangerous for your health. here to breakdown the dos and don'ts fitness expert nikki fitness. >> good to see you. >> let's start first with the cleanse. so many people i hear a lot of people in the studio here in new york city doing these cleansing diets. are they health
we are going to talk to him about a new proposed international tax. >> allen west talking about what went wrong wiin libya. evan bayh former senator from the great state of indiana is going to talk about a tax on all of it at a time when we needed it the least. that's starting in 12 minutes on the fox news channel. stay with us. >> medicare can stop housing. this is part of the president's healthcare law that is meant to improve quality of care. the average fine is 125,000 dollars....
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why not get rid of the company's and lower taxes for everyone? >> we never give out cash measure on how and expensive. we just give conditional incentives temporary tax relief. >> you have to do it to compete. to give up politician a checkbook is dangerous do anything new want to bring jobs to the state. they could be gone when the bill comes to do. you can win without doing that the seven think you governor daniels now rated number three and the most improved state not to maine court in new hampshire or north dakota. >> we are gaining on them. >> what about housing for amtrak or the post office? ♪ [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ whatever your business challenge, dell has the technology and services to help you solve it. john: did you go to the post office website? we do. since then franklin was appointed the first postmaster the post office has grown and changed with a
why not get rid of the company's and lower taxes for everyone? >> we never give out cash measure on how and expensive. we just give conditional incentives temporary tax relief. >> you have to do it to compete. to give up politician a checkbook is dangerous do anything new want to bring jobs to the state. they could be gone when the bill comes to do. you can win without doing that the seven think you governor daniels now rated number three and the most improved state not to maine...
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minimum tax. when you do that over ten years you put $5 trillion hole in your revenue. so that's where obama gets $5 trillion tax cut. but governor romney says he will make up that money through eliminating loopholes, tax deductions that sort of thing but he hasn't specifically said which one his would target. but that's how he can say, i don't have a $5 trillion tax cut. obama can come back and say you haven't given specifics how can we believe it really adds up. in fact every study nonpartisan that has looked at this has said that you know, unless you really tweaked the numbers, there's not justify money out there to fill that $5 trillion hole. >> so, glenn, the president said she's the guy plan to cut $4 trillion in the deficit. here's how he describes that plan. >> the way we do it is $2.50 for every cut, we ask for a dollar of additional revenue. governor romney earlier mentioned the bowles-simpson commission. well that's how the commission bipartisan commission, that talked about how we shou
minimum tax. when you do that over ten years you put $5 trillion hole in your revenue. so that's where obama gets $5 trillion tax cut. but governor romney says he will make up that money through eliminating loopholes, tax deductions that sort of thing but he hasn't specifically said which one his would target. but that's how he can say, i don't have a $5 trillion tax cut. obama can come back and say you haven't given specifics how can we believe it really adds up. in fact every study...
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Sep 30, 2012
09/12
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he raised taxes i think four times. he pleaded with the congress to pass a clean debt ceiling expansion when something went terribly wrong in lebanon. he didn't say we are going to stay the course. he got out. so it wasn't as polarized than. i was just like to see some politicians who can have strong views. they complete their base and all that, but at the end of the day, they know they have to cut a deal that their responsibility as elected officials is to govern and produce bills. >> thanks. >> so we have a great tax system that is systematically moving money from the middle and lower cassis to the upper classes. isn't this exactly the kind of thing the constitution was designed to prevent? so why is networking? >> it is not working because the money that is in politics made it so. that is why k street house all those lobbyists, while the industries beat down the doors of the senate finance committee and house ways and means committee. all those provisions didn't get in there by happenstance. they were put in by and s
he raised taxes i think four times. he pleaded with the congress to pass a clean debt ceiling expansion when something went terribly wrong in lebanon. he didn't say we are going to stay the course. he got out. so it wasn't as polarized than. i was just like to see some politicians who can have strong views. they complete their base and all that, but at the end of the day, they know they have to cut a deal that their responsibility as elected officials is to govern and produce bills. >>...
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we're in a situation worse than a colony because there's a worse one thing tax free in italy it's the highest in the world and our services so far are extremely poor we twenty billion nice enough from our regional resources each year and that's on bearable and these three. a couple days ago there was a siege of the same art bell powered by four workers and there's this huge waste and here in van it's all it's it's almost explosive sold today we had and thousands of people who have gathered in front of their regional government for sure in italy we're not the only ones there are really in sort of the i have a strong movement for it of course we were the best organized but soon after you know it's going to have to go other regions severely. more stories a features of videos and that listens and still for you on the web there you'll find study again study the european food safety authority has rejected the controversial reports by french scientists thinking g.m. point to cancer head online. radical muslim cleric abu hamza the and four other terrorist suspects that extradited to the u.s.
we're in a situation worse than a colony because there's a worse one thing tax free in italy it's the highest in the world and our services so far are extremely poor we twenty billion nice enough from our regional resources each year and that's on bearable and these three. a couple days ago there was a siege of the same art bell powered by four workers and there's this huge waste and here in van it's all it's it's almost explosive sold today we had and thousands of people who have gathered in...
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Oct 4, 2012
10/12
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the tax plan he described is the tax plan i was asked to support i would say absolutely not. i'm not looking for a $5 trillion tax cut. >> he's been running on this tax plan for 18 months and now five weeks before the election he's saying that his big bold idea is never mind. >> reporter: the theme of the debate for president obama appeared to be romney's plan lacked specifics. >> the reason that governor romney is keeping all these plans to replace secret because they are too good? >> reporter: mitt romney spent most of the night attacking the president's record. >> you've been president for four years. you said you would cut the deficit in half. it's now four years. >> reporter: romney came into the debate trailing in the polls but that could change. >> any time a challenger stands on the stage with a president in the first debate they tend to get some bounce after that. i expect that could happen here. >> reporter: the romney campaign believes the governor scored a knockout. >> i believe romney was the clear winner of this debate. if it was a boxing match it would have bee
the tax plan he described is the tax plan i was asked to support i would say absolutely not. i'm not looking for a $5 trillion tax cut. >> he's been running on this tax plan for 18 months and now five weeks before the election he's saying that his big bold idea is never mind. >> reporter: the theme of the debate for president obama appeared to be romney's plan lacked specifics. >> the reason that governor romney is keeping all these plans to replace secret because they are too...
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Oct 6, 2012
10/12
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when you take that with state income tax and payroll tax and real-estate taxes and gasoline taxes, all together that means small business that are highly successful will end up giving more of what they have the government. that will kill jobs. i do not want to kill jobs. my priority is to create jobs, and i will do that with everything i can do. we can do better. we do not have to stay on the path we have been on. there was a report that came out this morning on job creation this last month. there were fewer new jobs created this month than last month. the unemployment rate has come down very slowly, but it has come down nonetheless. the reason it has come down this year is due to the fact that more and more people have just stopped looking for work. if you drop out of the workforce, give up and say i cannot go back to work, i will stay home, if you drop out altogether, you're no longer part of the statistics. it looks like unemployment is getting better, but if the same share of people were participating in the workforce today as on day the president got elected, unemployment would be
when you take that with state income tax and payroll tax and real-estate taxes and gasoline taxes, all together that means small business that are highly successful will end up giving more of what they have the government. that will kill jobs. i do not want to kill jobs. my priority is to create jobs, and i will do that with everything i can do. we can do better. we do not have to stay on the path we have been on. there was a report that came out this morning on job creation this last month....
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Oct 1, 2012
10/12
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if i told you romney hadn't paid taxes for x number of years make it more or less likely to vote for them. some people fell you would they move. people telling you they would move is a pretty sort of con ject yiewrl thing. i wouldn't cognitively trust anybody that would do under the hypothetical scenario. they may or may not already know. that's part of the problem with the polls they ask people if you knew of a piece of information you may or may not already know. or in focus groups you bring somebody in and so you a dozen people and show them an ad and you ask them again did everybody change their mind. you're purchasing somebody to change their mind and they're being forced to watch an ad they might tune out. using the experimental things that the obama campaign has. they randomly assign mail ron comely to a -- randomly assign tv ads to certain markets and then because they're polling across those markets, they can see who moved, based on message or type of ad or mail this they have the data, you know, thousand of individual data points on each volter. they can look at the attribu
if i told you romney hadn't paid taxes for x number of years make it more or less likely to vote for them. some people fell you would they move. people telling you they would move is a pretty sort of con ject yiewrl thing. i wouldn't cognitively trust anybody that would do under the hypothetical scenario. they may or may not already know. that's part of the problem with the polls they ask people if you knew of a piece of information you may or may not already know. or in focus groups you bring...
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we cut the property taxes, the inheritance taxes and gift taxes and created 742,000 jobs. that's what we did in wisconsin. what they did in washington, they've got 23 million people unemployed and underemployed. that's their accomplishment. complete difference of philosophy and direction between my opponent and myself. >> our next question is from lisa petro directed first to governor thompson. >> this might be something we all can agree on but the approval ratings for congress can't get much worse than it is right now, the lack of productivity probably is aside of most of us in our jobs and we believe something has to change about the way congress operates. so to that do you believe any changes to the structure, for example term limits or the operational procedures like the 60% filibuster rule in the senate, you think any of those changes should be made and if so, please name them pennsylvania. >> first off, you have to sit down and talk. when i was governor the democrats controlled the legislature in both houses for 12 1/2 out of my 14 years. we accomplished great things
we cut the property taxes, the inheritance taxes and gift taxes and created 742,000 jobs. that's what we did in wisconsin. what they did in washington, they've got 23 million people unemployed and underemployed. that's their accomplishment. complete difference of philosophy and direction between my opponent and myself. >> our next question is from lisa petro directed first to governor thompson. >> this might be something we all can agree on but the approval ratings for congress...
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10/12
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one thing or another is that a tax increase or not? it is through the tax system. so, did you lie? he's going to say no, i did not lie. >> you say something, you call him out on it. here's the deal. romney's not going to try to bring it up in the debate. nor will president obama because the moment you do, you have opened the door for your opponent to actually you out. so, responsibility's going to rest on the debate moderator, who is not going to do it, but again, what people are saying is can i get somebody to tell me the truth? you can cross words all you want to, but there are some things called undeniable truth. so no matter how you want to dance around it, some things are very clear. >> there's also such a thing as throwi throwing things against the wall and that is what the obama campaign has been effective at doing and the romney campaign hasn't been. >> the romney campaign, they have been -- i can show you the proof. go to our website. again, you have campaigns -- >> check up on after the fact. >> my point, you said earlier -- i said absolutely. if you have that many eyebal
one thing or another is that a tax increase or not? it is through the tax system. so, did you lie? he's going to say no, i did not lie. >> you say something, you call him out on it. here's the deal. romney's not going to try to bring it up in the debate. nor will president obama because the moment you do, you have opened the door for your opponent to actually you out. so, responsibility's going to rest on the debate moderator, who is not going to do it, but again, what people are saying...
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Oct 1, 2012
10/12
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loopholes he would close to pay for his tax cuts. they hope he will be pressed for this. we go now to david muir traveling with the romney campaign. >> reporter: hey, jake. good evening from denver. the debate two dames from now in this city. mitt romney will appear a short time from now at a rally right behind me. his campaign acknowledging he will spend most of his time h k hunked down, preparing for the most important night of his political career. the debate stage coming together here at the university of denver, where governor romney will stand on the same stage with the president for the first time. romney flying here from boston today -- along with the team of top advisors with whom he's practiced extensively. in early september, he spent days at this secluded retreat in vermont. then, more practice in los angeles. then, just this weekend in boston. and playing the role of the president in those mock debates -- sentator rob portman of ohio. portman taking pointed shots at romney in his answers. as top romney advisers looked on
loopholes he would close to pay for his tax cuts. they hope he will be pressed for this. we go now to david muir traveling with the romney campaign. >> reporter: hey, jake. good evening from denver. the debate two dames from now in this city. mitt romney will appear a short time from now at a rally right behind me. his campaign acknowledging he will spend most of his time h k hunked down, preparing for the most important night of his political career. the debate stage coming together here...
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to avert the fiscal cliff, in which everything from payroll taxes to full tax rates will go up. >>> and now our fourth story outfront. under attack by hackers. this was pretty incredible because the white house today confirmed that its military office was the target of a cyber attack with a suspected attacker, china. this is the office responsible for the united states of america's nuclear warplane. now, cnn has learned this was an unclassified network which was hit. officials say they dealt with the threat, but these attacks are relentless and the pentagon encounters thousands of them a day. how does washington keep up with this threat? "outfront" tonight, retired colonel cedric leighton. colonel, great to see you. the white house is saying we dealt with this, still, this is the white house. this is an office which is responsible for the united states of america's nuclear war plans how. how serious was this? >> it's great to see you, too, but this is too close for comfort when it comes to hacking attacks, especially when it comes to protecting the nuclear codes and anything else th
to avert the fiscal cliff, in which everything from payroll taxes to full tax rates will go up. >>> and now our fourth story outfront. under attack by hackers. this was pretty incredible because the white house today confirmed that its military office was the target of a cyber attack with a suspected attacker, china. this is the office responsible for the united states of america's nuclear warplane. now, cnn has learned this was an unclassified network which was hit. officials say they...
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and the other one goes no he wants to raise taxes or we need regulation and the other one would say are you agree so in the context of this debate they agreed on a lot of things but the devil is of course in the details but as they tried to get into details the numbers is got even works and we still have two more debates in the coming weeks we'll hear more about the candidates foreign policy vision for now in most states president obama is leading in the polls although by a very small margin there are going pretty much six to neck but it's important to mention that in the us a candidate might win the majority of the popular vote and still lose the election because it's not the popular vote is the so-called electoral college that decides the outcome of the presidential election here every state gives the candidate a certain number of points and the winner has to collect the number two hundred seventy points even if a candidate loses a state by just say three votes they get zero points that way it's a very peculiar electoral system which is not really about the will of the majority so
and the other one goes no he wants to raise taxes or we need regulation and the other one would say are you agree so in the context of this debate they agreed on a lot of things but the devil is of course in the details but as they tried to get into details the numbers is got even works and we still have two more debates in the coming weeks we'll hear more about the candidates foreign policy vision for now in most states president obama is leading in the polls although by a very small margin...
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raising taxes on the average family by up to $2000 dollars. while giving a tax break of $250,000 dollars to multi-millionaires. doesn't mitt romney understand, we can't rebuild america...by tearing down the middle class. priorities usa action is responsible for the content of this advertising. >>> this week's wednesday child is a extremely bright and engages 1-year-old that made quite an impression on barbara harrison when they met. >> barbara says there's just something special, he is very smart and very bright. >> the first time we ran the story, the right family just didn't happen to be watching. >> sir wanted to go straight to the small ma'amle economist. sir, who wants to be a veterinary some day, wanted to find his favorite animal of all. >> i think he has a question for you. >> do you have hedgehogs? >> hedgehogs are his favorite. >> it turns out that rebecca smithson just happened to have something to show us. >> i've never been in this part of the zoo. >> only special get people get to go behind the scenes. >> she was special because
raising taxes on the average family by up to $2000 dollars. while giving a tax break of $250,000 dollars to multi-millionaires. doesn't mitt romney understand, we can't rebuild america...by tearing down the middle class. priorities usa action is responsible for the content of this advertising. >>> this week's wednesday child is a extremely bright and engages 1-year-old that made quite an impression on barbara harrison when they met. >> barbara says there's just something special,...
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under his tax plan. >> but their tax rates will come down. >> george, you chakd the rates. if the same amount of money coming out of your pocket and my pocket, you don't care what the rate is. i think what we're trying to do is where america is more competitive on its race with the rest of the world. we're competing in a global economy, and so, that's what governor romney is laying out a very clear vision on that. guess what he's going do, he's going negotiate with congress about those loopholes. that's what he's going to do. he's not going to lock himself into something now. >> don't voters have the right to know what those are? >> the voters have the right to know what direction he's going to take the country in. he's going to reduce so nobody is paying less in the wealthy class than before. here's what he's learned that the president has never learned, 85% of his legislation was democratic when he was governor in massachusetts. you can lay out aspirational goals and visions, you have to get down to negotiating to get things done. in washington, the president draws hard l
under his tax plan. >> but their tax rates will come down. >> george, you chakd the rates. if the same amount of money coming out of your pocket and my pocket, you don't care what the rate is. i think what we're trying to do is where america is more competitive on its race with the rest of the world. we're competing in a global economy, and so, that's what governor romney is laying out a very clear vision on that. guess what he's going do, he's going negotiate with congress about...
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Oct 4, 2012
10/12
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he says he's going to lower tax rates but eliminate corporate tax loopholes and personal tax loopholes. i think he has a secret plan to eliminate that tax critical to the middle class. >> do you think that's what viewers walked away thinking? >> i think they walked away thinking mitt romney would be a great used car salesman, but the policies he's articulating will get us right back into the mess that president obama has been working so hard to dig us out of. >> i suspect many walked away last night feeling a bit confused, maybe a bit bored by the technical language and lack of passion. and they are possibly asking the question around the world that many are, which is why can't these guys get together to hammer out a fiscal solution? because actually they were talking about the details, they didn't seem to be so incredibly so far apart on many of the issues. >> were they? >> i was just thinking just now it is too bad steve israel couldn't go out with an obama mask and substitute for the president. there are a lot of points you are making last night that the president missed. >> what wa
he says he's going to lower tax rates but eliminate corporate tax loopholes and personal tax loopholes. i think he has a secret plan to eliminate that tax critical to the middle class. >> do you think that's what viewers walked away thinking? >> i think they walked away thinking mitt romney would be a great used car salesman, but the policies he's articulating will get us right back into the mess that president obama has been working so hard to dig us out of. >> i suspect many...
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to come here auto makers to manufacture here in the country one of the methods used was preferential taxes part since joining the world trade organization that has actually managed to undo some of the work that was started our very own business editor nick paul caught up with an automotive expert sally roots to discuss this issue and lots wallace take a listen. to you over to her out of the beauty session is going to be positive for the industry it is going to increase competition but i think that. there are so also to. look at the utilization fee that this has been needs to start from the side if you will. the house like it sits with for money again it's not exactly aligned with the principle of the beauty of it which is to reduce barriers to trade but on the other hand russia certainly needs to deal with the issue of setting up the utilization infrastructure they haven't really got one in place and they need one in place to support a growing industry given the growth potential for many foreigners here well most of them are to be honest the twelve major manufacturers are here first of ope
to come here auto makers to manufacture here in the country one of the methods used was preferential taxes part since joining the world trade organization that has actually managed to undo some of the work that was started our very own business editor nick paul caught up with an automotive expert sally roots to discuss this issue and lots wallace take a listen. to you over to her out of the beauty session is going to be positive for the industry it is going to increase competition but i think...